5535 W Montrose Avenue
Chicago, IL, 60641 $ 725,000
Bedrooms-- Baths-- Sq 4,500 Monthly Estimate*
$ 4,523
for $725,000. This 4,500 square foot building was built in 1958 on a lot size of 0.172176.
Owner/User/Investor opportunity, right where Portage Park and Jefferson Park meet!! Clean single story brick retail building just steps from the heavily trafficked stoplight intersection of Montrose & Central Avenues! Property features 4500+/- square feet of retail, containing 3 spaces: 5535, 5537 & 5539. 5535 and 5537 are approx 1,000 sqft, and 5539 approx 2,500 sqft. 5535 is vacant, 5537 is occupied by a video program vendor/tenant, and 5539 is owner occupied by a long-term well known neighborhood florist! Very well maintained throughout. Florist space offers showroom/display/reception area in front, break room/kitchenette, office space, bathroom, spacious design/production area, and loading/delivery room in back with overhead door at alley. Ample off street parking in back, and free, unrestricted public parking in front. Separate HVAC & electric for all/brand new rubber roof with transferable warranty. Dynamite business location! Join neighboring retailers Walgreens, Chase Bank, State Farm, Hagen's Fish Market, Crafty Beaver, Dunkin, 2 blocks to famous Portage Park. Community Med Center and North Shore Medical 1 mi south. Jewel & Starbucks 4 blks north. Minutes away from Jefferson Park major Blue Line & CTA transportation hub, Copernicus Center entertainment, I-90xway, and Metra Train stop. Convenient to tons of dining & nightlife options! 20 minutes to Chicago Loop, Wrigley Field, Lake Michigan, O'Hare International Airport, and all north/northwest suburbs. NOTE:Owner retiring. Real estate and all fixtures and equipment needed to operate a floral shop (to be spelled out by seller) included.
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FeaturesGeneralCooling Central Air
Utilities Electricity Nearby Natural Gas Available
Possession Closing Negotiable
Roof Rubber
Zoning RTAIL
Construction Materials Brick
Year Built 1958
Electric Circuit Breakers Separate Meters Service - 0 to 100 Amps
Tenant Pays Air Conditioning Electricity Heat
Stories Count 1
Township Jefferson
Property Subtype Neighborhood Storefront
Tax Year 2023
Current Use Commercial
Gross Income 0
County Cook
Net Operating Income 0
Insurance Expense 3600
Property Type Commercial Sale Retail/Stores
Status Active
Directions On the south side of Montrose approx 175 feet east of stoplight intersection of Montrose and Central Avenue (4400 N/5600 W).
City Chicago
Number Of Units Total 3
MLS Area CHI - Portage Park
Lot Size Square Feet 7500
Tax Annual Amount 14996
Water Sewer Expense 720
Additional Parcels Y/N N
Leasable Area 4500
Standard Status Active
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ExteriorWater Source Municipal Water
Foundation Details Concrete Perimeter
Building Area Total 4500
Lot Dimensions 60 X 125
Frontage Type City Street
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* Excluded FeaturesList ByPontarelli AssociatesBroker
jjp@pontarelliassociates.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,523
- Monthly Property Taxes
- $1,250
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Chicago, IL
Average List Price $987,651
Percent of Sale Price 36%
About Chicago, IL 2,755,380 Population
-4% Since 2002
$ 53,088 Median Income
36.07 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/30/2025 | $725,000 | | Listed Price |